June 3, 2021
Staff To Review 'Your Rights As A Customer' Document, Propose Additions
During an open meeting work session, Texas PUC Chairman Peter Lake directed Commission Staff to include, as part of a rulemaking to implement HB 16 and its ban on wholesale indexed electricity plans for mass market customers, a review of ancillary service pass-throughs to commercial customers who…
Click for More
June 2, 2021
Vistra Corp. commissioned a study by a third-party consultant to determine what ERCOT market-clearing energy prices would have been during February 15-19, 2021 in the absence of the PUC's order setting the price at the $9,000 cap
Click for More
May 31, 2021
Adds New Circuit Breaker Provision To ERCOT Price Cap Includes New REP Obligation; Also Addresses Ancillary Services
The Texas House and Senate have both passed a conference committee version of SB 3, and the bill has been enrolled and is being sent to the governor
Click for More
May 28, 2021
With regards to the relief related to amounts from entities defaulting at ERCOT (short-pays), the Senate version of HB 4492 provides that the PUC may authorize the independent organization to establish a debt financing mechanism to finance the default balance as follows:
Click for More
May 28, 2021
With regards to the relief related to amounts from entities defaulting at ERCOT (short-pays), the Senate version of HB 4492 provides that the PUC may authorize the independent organization to establish a debt financing mechanism to finance the default balance as follows:
Click for More
May 27, 2021
With regards to the relief related to amounts from entities defaulting at ERCOT (short-pays), the Senate version of HB 4492 provides that the PUC may authorize the independent organization to establish a debt financing mechanism to finance the default balance as follows:
Click for More
May 26, 2021
ERCOT said today that, "As part of ERCOT’s aggressive pre-summer preparation activities, the grid operator will test its automated emergency grid conditions communication system this evening, Wednesday, May 26, beginning at 7 p.m."
Click for More
May 26, 2021
ERCOT has formally initiated the mass transition of Brilliant Energy's non-residential customers to Providers of Last Resort (POLRs)
Click for More
May 26, 2021
Earlier: Just Energy Group Provides Update On Creditors Arrangement Act Process
Pacific Investment Management Company LLC (PIMCO), which through various vehicles owns nearly 30% of Common Shares of Just Energy Group Inc., has filed an amended Schedule 13D with the U.S. SEC which reveals that PIMCO has engaged advisors to assist in a review and evaluation of strategic…
Click for More
May 25, 2021
Floor Amendments To Be Offered, But Committee Leadership Says Their Amendments Won't Exclude Ancillary Services Or Adder Charges Still Racing Against End Of Session Deadline, Especially As Bill Will Differ From House Under Floor Amendments
Amendment To Separate Cooperative-Focused Securitization Bill Would Force Co-ops Into "Competitive Market" If Co-ops Owing Money To ERCOT Do Not Use Securitization
Click for More
May 24, 2021
The Texas House has passed amended versions of Senate bills addressing the composition of the Texas PUC and ERCOT governance
Click for More
May 21, 2021
Committee Substitute Omits Ancillary Service Charges From Included Costs
The Texas Senate Business & Commerce Committee has drafted a committee substitute to HB 4492 which would omit ancillary service charges, such as those ultimately charged to retail electric providers, from the costs addressed by the relief provided by the bill
Click for More
May 20, 2021
The Texas House Committee on State Affairs this week reported favorably a substitute version of SB 3, and the substitute would allow residential and small commercial wholesale index electricity plans to continue to be sold, subject to a price cap and various notice requirements
Click for More
May 20, 2021
Approving relief sought by the Trustee of Brilliant Energy LLC (the "Debtor"), a federal bankruptcy court ordered the mass transition of Brilliant Energy's remaining customers -- which are commercial customers -- to the provider(s) of last resort (POLR)
Click for More
May 18, 2021
Texas retail electric provider JP Energy Resources LLC recently acquired a book of customers from GridPlus Energy.
Click for More
May 17, 2021
The Texas House has passed a narrowed version of HB 3916, which relates to various issues concerning distributed generation
Click for More
May 13, 2021
Says Retail Market Cannot Survive "Untenable" Conditions Created By DNP Order, As Moratorium Nears Third Month
In a letter to the Public Utility Commission of Texas, Brandon Young, CEO of Young Energy, requested that the PUC end the moratorium on disconnections for non-pay which was adopted in the aftermath of the February winter weather event, arguing that the viability of the retail market is threatened by…
Click for More
May 10, 2021
Exelon Generation Company, LLC and Constellation NewEnergy, Inc. sought, in Travis County, Texas, district court, judicial review of the Texas PUC's order dated February 21, 2021 which Exelon said, "removed the monthly cap on default amounts that can be uplifted onto ERCOT market participants in the…
Click for More
May 7, 2021
The Texas House has passed HB 4492 which would create a mechanism for the Public Utility Commission of Texas to authorize the securitization of ERCOT market uplift charges related to the winter weather event
Click for More
May 6, 2021
The Public Utility Commission of Texas today voted to issue a proposal for publication that would change the ERCOT scarcity pricing rule to eliminate the 50-times fuel index price provision in the ERCOT market low system-wide offer cap (LCAP), such that the LCAP would be $2,000 per MWh and $2,000…
Click for More
May 6, 2021
ERCOT CDR Shows 2022 Reserve Margin Increasing To Nearly 29%; Exceeds 30% In Subsequent Years
The Electric Reliability Council of Texas (ERCOT) said today that it is anticipating record-breaking electric demand this summer due to expected hot and dry conditions and continued economic and population growth throughout the region.
Click for More
May 6, 2021
In reporting first quarter 2021 earnings, Genie Energy Ltd. reported a negative impact of approximately $13.0 million from the winter weather event in Texas
Click for More
May 6, 2021
Earlier: Spark Energy Reports Negative Impact From Winter Storm Uri, First Quarter Results
In a 10-Q, Spark reported that its residential customer equivalents ("RCEs") as of March 31, 2021 was 367,000
Click for More
May 6, 2021
Earlier: Spark Energy Reports Negative Impact From Winter Storm Uri, First Quarter Results
In a 10-Q, Spark reported that its residential customer equivalents ("RCEs") as of March 31, 2021 was 367,000
Click for More
May 5, 2021
In reporting earnings today, Exelon reported a higher negative impact, versus a prior estimate, of the negative impact from the Texas winter weather event
Click for More
